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Farm Succession Involves Setting Critically Important Goals.

If there is one reason why farm succession planning should start sooner rather than later it’s because the decisions made early on can have a dramatic impact on everyone involved. One effect is psychic, it makes us all feel better, more assured, and confident when we know as much as possible about what’s in store [...]

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When It Comes to Farm Succession Planning, You Must Be Willing to Ask For Help

Passing down the farm is a many faceted equation, and because it is unlikely that you have already been through it recently, it will require you to ask for help from those likely to know more than you. It includes elements of strategic planning, farm succession planning, and farm estate planning. Are you willing to [...]

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Are Farm Succession and Strategic Planning The Same Thing?

In my opinion, yes. Farm succession planning encompasses all those things you do to insure that the farm will live on successfully in the next generation – whether that is next year or twenty years from now. Strategic planning is a blueprint to follow – the measured steps you take along the way, plans which [...]

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Changes in the Capital Gains Tax Will Hurt Business Sellers

The new administration has made it pretty clear that taxes on the wealthy are going up. One particular area of focus, we believe, will be increasing the capital gains tax. This article explores the impact on business sellers of this impending increase. Thinking of selling your business? If you have planned it correctly, most of [...]

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“Where Does the Money Go?” National Debt – Bill Moyers

Made BEFORE the current crisis, more scary now. Scott Bittle and Jean Johnson discuss their book, “Where Does the Money Go?” and the mounting debt and deficit of America. They offer an estimate of the time until the failure of Medicare and Social Security, and general suggestions to address this problem. See I.O.U.S.A. the movie, [...]

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